Cost of Living Comparison Between Chicago, IL and Rio Rancho, NM Cost of Living Comparison Between Chicago, IL and Rio Rancho, NM

Monthly Cost of Living

A single person spends $3,051 per month in Chicago, IL vs $2,704 in Rio Rancho, NM, rent included.

A couple spends around $4,638 per month in Chicago, IL vs $3,947 in Rio Rancho, NM, rent included.

A family of three spends $6,224 per month in Chicago, IL vs $5,189 in Rio Rancho, NM, rent included.

Chicago, IL costs about 13% more than Rio Rancho, NM, driven mainly by Getting Around.

Both Chicago, IL and Rio Rancho, NM sit above the global median – Chicago, IL by 128%, Rio Rancho, NM by 102%.

Meal at Budget Restaurant

$20.67 $20.67

$20.27 $20.27

1.97%

Three-Course Dinner for Two, Mid-Range

$100 $100

$78.9 $78.9

27.41%

Fast Food Meal (McDonalds, etc)

$11.86 $11.86

$12.21 $12.21

-2.87%

Cappuccino

$5.54 $5.54

$6.17 $6.17

-10.21%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.06 $3.06

$2.82 $2.82

8.51%

Water (0.33 liter bottle)

$2.48 $2.48

$1.84 $1.84

34.78%

Local Beer (0.5 liter draught)

$6.92 $6.92

$6.18 $6.18

11.97%

Imported Beer (0.33 liter bottle)

$8.13 $8.13

$7.14 $7.14

13.87%

Milk (1 liter)

$1.04 $1.04

White Bread (500g)

$3.91 $3.91

$2.97 $2.97

31.65%

Rice (white) (1kg)

$5.42 $5.42

$3.35 $3.35

61.79%

Eggs

$4.48 $4.48

$4.36 $4.36

2.75%

Local Cheese (1kg)

$14.52 $14.52

$12.75 $12.75

13.88%

Chicken Fillets (1kg)

$15.21 $15.21

$16.02 $16.02

-5.06%

Beef Round Steak (1kg)

$19.25 $19.25

$19.82 $19.82

-2.88%

Apples (1kg)

$5.39 $5.39

$5.40 $5.40

-0.19%

Banana (1kg)

$1.69 $1.69

$1.61 $1.61

4.97%

Oranges (1kg)

$4.32 $4.32

$3.85 $3.85

12.21%

Tomato (1kg)

$4.51 $4.51

$4.42 $4.42

2.04%

Potato (1kg)

$2.56 $2.56

$2.45 $2.45

4.49%

Onion (1kg)

$2.70 $2.70

$2.59 $2.59

4.25%

Lettuce (1 head)

$2.41 $2.41

$2.02 $2.02

19.31%

Water (1.5 liter bottle)

$2.62 $2.62

$2.39 $2.39

9.62%

Cigarettes 20 Pack (Marlboro, Camel)

$15.02 $15.02

$8.76 $8.76

71.46%

Wine (Bottle)

$14.71 $14.71

$16.17 $16.17

-9.03%

Local Beer (0.5 liter bottle)

$2.48 $2.48

$1.82 $1.82

36.26%

Imported Beer (0.33 liter bottle)

$3.69 $3.69

$2.72 $2.72

35.66%

One-way Ticket (Public Transport)

$2.55 $2.55

$2.03 $2.03

25.62%

Public Transport Monthly Pass (Regular Price)

$75.5 $75.5

$49.69 $49.69

51.92%

Taxi Start (Normal Tariff)

$3.29 $3.29

$2.98 $2.98

10.40%

Taxi (Normal Tariff) (1km)

$1.43 $1.43

$0.73 $0.73

95.89%

Taxi 1hour Waiting (Normal Tariff)

$24.72 $24.72

$29.48 $29.48

-16.15%

Gasoline (1 liter)

$1.09 $1.09

$0.79 $0.79

37.97%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$31.8K $31.8K

$31.2K $31.2K

1.70%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.4K $26.4K

$29.1K $29.1K

-9.04%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$183 $183

0.39%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$61.8 $61.8

$45.03 $45.03

37.31%

Internet (50+ Mbps, Unlimited Data)

$65.0 $65.0

$67.1 $67.1

-3.03%

Gym Membership (Monthly)

$76.1 $76.1

$43.41 $43.41

75.26%

Tennis Court (1 Hour on Weekend)

$13.04 $13.04

Cinema Ticket

$14.75 $14.75

$17.40 $17.40

-15.23%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,056 $2,056

$1,092 $1,092

88.35%

International Primary School, 1 Child (Yearly)

$38.5K $38.5K

$10.8K $10.8K

256.33%

Jeans (Levis 501 Or Similar)

$63.9 $63.9

$54.5 $54.5

17.30%

Summer Dress (H&M, Zara, etc)

$51.6 $51.6

$56.3 $56.3

-8.38%

Sport Shoes (Adidas, Nike)

$97.3 $97.3

$86.8 $86.8

12.06%

Men's Leather Business Shoes

$147 $147

$114 $114

28.98%

1-bedroom Apartment, City Center (Monthly)

$2,349 $2,349

$1,632 $1,632

43.97%

1-bedroom Apartment, Outside City Center (Monthly)

$1,581 $1,581

$1,363 $1,363

15.96%

3-bedroom Apartment, City Center (Monthly)

$4,708 $4,708

$2,645 $2,645

77.98%

3-bedroom Apartment, Outside City Center (Monthly)

$2,716 $2,716

$2,224 $2,224

22.08%

Buy Apartment in City Center (m2)

$3,976 $3,976

$2,339 $2,339

69.99%

Buy Apartment Outside City Center (m2)

$2,632 $2,632

$2,266 $2,266

16.15%

Average Monthly Net Salary (After Tax)

$4,723 $4,723

$4,655 $4,655

1.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.6

6.49

1.69%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Chicago, IL: April 20, 2026

Last update for Rio Rancho, NM: April 22, 2026

Cost Breakdown

A central one-bedroom costs $2,349 in Chicago, IL versus $1,632 in Rio Rancho, NM. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 1% higher in Chicago, IL, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $100 in Chicago, IL versus $79 in Rio Rancho, NM. Monthly groceries follow the same trend: $447 vs $419 – making Rio Rancho, NM the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Chicago, IL vs Rio Rancho, NM: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,051 in Chicago, IL, $2,704 in Rio Rancho, NM – roughly 13% apart. Chicago, IL costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $4,577 per month in Chicago, IL and $4,056 in Rio Rancho, NM. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Rio Rancho, NM, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 7% more in Chicago, IL, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $100 in Chicago, IL and $79.0 in Rio Rancho, NM. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 is a stretch for both – monthly costs hit $3,051 in Chicago, IL and $2,704 in Rio Rancho, NM. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Chicago, IL has an edge in some lifestyle areas, with costs from $2,704 in Rio Rancho, NM to $3,051 in Chicago, IL. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Rio Rancho, NM. If higher salaries, better infrastructure, or specific career opportunities are the priority, Chicago, IL makes more sense. Both are solid long-term options with distinct trade-offs.